Gotten some questions via PM so thought I'd head them off in the thread if possible.
1) Can you start testing it now?
A) Soon, if you are interested in being involved in alpha/beta testing before it goes public send me a PM with your rig details. I'll start to open this up in a few days to additional miners.
2) Can you get coin X instead of BTC (ie TAC, or XMR)?
A) Let's call it a phase 3 effort. It's on the todo list but probably won't be available until a month from now. However ideally if for example you wanted to get paid in TAC and we mined 500 TAC while you earned the equiv of 50 TAC then sure we would just pay you the 50 TAC while taking the remaining 450 to market. This benefits the whole group as there will be less fees overall. You would have saved on fees to convert to btc and of course any fees for you to take your btc and buy the TAC. Substitute any coin here for TAC. This option will only be available if it's a coin we mined that day. But this could become part of the calculator used to determine what to mine as it would reduce fees.
3) Will it support AMD cards?
Yes as already stated it will support basically AMD, nVidia or CPUs. If you look at the "windows form" in the screen shot I provided earlier you can set the working directory and program to use for each algo. Not such a big deal for nVidia hardware as you will either use ccminer or Cudaminer but for AMD or CPU mining you could have a different directory/program setup for each algo.
4) How do we know this isn't a scam and you will keep all the funds?
A) Sad, but valid question these days. Unless you know me, a only a few do, you don't. Besides the fact I use my real name in the forums (fist initial last name) and that I sign most messages with my first name you pretty much know my full name.
My best advise is sit back and wait for others to try first, or only try it with a GPU or two so you aren't out much of anything if I'm scamming you. Sadly I'm pretty smart and wouldn't go to such troubles to scam you. If I wanted to scam you I could do it much easier then this.
5) Is this going to be open source or closed source?
Really hard to answer. The backend is all custom programming for my environment. Not really hard for a .NET programmer used to working with IIS, SQL server and C#. Not LAMP for sure! The backend I'd consider proprietary and "closed source" at this time. The front end is really simple and could be made open source so people know what software is running on their computer. This could also help with a Linux version.
6) Will there be any forced "donations" involved?
A) At present NO.
However, I have sent PM to Chris about this specifically in regards to BBR or CryptoNight. I'm totally open to this. If for example the best we can do is 0.01 btc per day for a rig of 3- 750ti (just made up number) but Chris has a "killer" algo that could do 0.003 on the same rig then I think either a fixed amount of "donation" or "time slice" could be given to him. This would benefit all parties as everyone makes more $ or btc.
For now, NO, but I'm open to it if both Chris and I could develop a method that works for both of us.
7) What kind of fee will I charge for this service?
A) At present 0%. During Alpha, Beta cycle there will be no fee. It's possible you could lose funds using my service during the first week or so as it will be using hash to generate stats used to figure out the best coins to mine (during alpha/beta). However, I guarantee, I'll make it up to you.
This is also why I don't want to roll this out prematurely before I get a few people who can help me test it. IE part of your hash through me and part the same way you have been mining.
But if you lose any funds it won't be much. You would also have to track everything pretty tightly yourself already to do better.
But to answer your question. I don't know. It could be 1 or 2% or 15 to 30 minutes a day of your mining time. I will need to evaluate what the costs are vs the income to determine this properly. Depend on total hash rate of course. I'll be upfront about it and of course only if this is really more profitable then what you could do on your own.
True costs are hard to determine at present. The pure hardware and monthly expense will be easy to calculate but the "human factor" is not known yet. As I've previously mentioned I'd probably want to to get a few others (trusted souls) involved in the project so there is 24 hours of "eyes" on the backend as well as 24 hours of trading "expertise" on hand to maximize our exchange trades.
So this is a question I can't really answer at present. More expertise on hand 24 hours should get better results but it's hypothetical at this point, so I don't know.
I think that covers the questions I've gotten thud far.
Carlo